By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – The pace and scale of interest rate hikes delivered by central…
Oil prices gain by tight supply; other risk assets swoon on Fed rate hike
By David Gaffen NEW YORK (Reuters) -Oil prices rose on Wednesday, gaining ground even as other risk assets dropped following…
Most Gulf central banks raise interest rates after Fed’s move
DUBAI (Reuters) – Most Gulf states said on Wednesday they would increase their key interest rates after the Federal Reserve…
UAE and U.S. reach deal for $100 billion in clean energy projects
ABU DHABI (Reuters) -The United States and United Arab Emirates have reached an agreement to spend $100 billion on clean…
Qatar central bank raises deposit rate to 4.5%
(Reuters) – Qatar’s central bank said on Wednesday it will increase its interest rates by between 50 and 75 basis…
Bahrain’s central bank follows Fed to raise key interest rates by 75 bps – statement
(Reuters) – The Central Bank of Bahrain (CBB) said on Wednesday it raised its key policy interest rate on its…
Credit Suisse to use repurchased shares for employee plans
ZURICH (Reuters) – Credit Suisse’s board of directors has decided not to cancel more than 25 million shares it repurchased…
OPEC oil output falls by 20,000 bpd in October -Reuters survey
ABU DHABI (Reuters) – The following table shows crude output by the Organization of the Petroleum Exporting Countries (OPEC) in…
Oil up nearly 2% as weaker dollar offsets China concerns
By Stephanie Kelly NEW YORK (Reuters) -Oil prices rose on Tuesday, recouping losses from the previous session, on optimism that…
Gap shrinks between Egypt’s official, black market dollar prices – traders
By Mahmoud Salama CAIRO (Reuters) – The gap between the official and black market price of dollars in Egypt has…